Deck 15: Administrative Law, Consumer, Investor, and Environmental Protection

Question 1

The Nutrition Labeling and Education Act requires about how many more food labels on grocery items in the store.

A)2,000
B)10,000
C)20,000
D)30,000

Answer 1

C

Question 2

Adulterated food is:

A)Filthy or putrid.
B)Decomposed.
C)Unfit for food.
D)All of the above.

Answer 2

D

Question 3

The majority of the federal agencies are part of the executive branch.

Answer 3

True

Question 4

There are more than 250 federal administrative agencies.

Question 5

ALJs preside over administrative proceedings and decide questions of law and fact.

Question 6

The FTC Act prohibits unfair and deceptive practices.

Question 7

All the following are examples of specific government regulation agencies except:

A)FCC.
B)ICC.
C)FAA.
D)NLRB.

Question 8

NEPA requires manufacturing companies to obtain permits for air emissions.
Answer Key: Chapter 1 The Nature of Law and Critical Legal Thinking

Question 9

In securities,the issuer may be a new company offering securities to the public through an initial public offering (IPO).

Question 10

The delegation doctrine governs the powers that are given an administrative agency.

Question 11

The Nutrition Labeling and Education Act applies to fruit,vegetables,and raw seafood.

Question 12

Bait and Switch occurs when a low-cost discounted item is advertised and then is switched for a higher priced item.

Question 13

An agency may have the following power(s):

A)Legislative.
B)Judicial.
C)Executive.
D)All of the above.

Question 14

False and deceptive advertising violates which section of the act?

A)2
B)3
C)4
D)5

Question 15

Administrative law is:

A)Substantive law.
B)Procedural law.
C)Both of the above.
D)None of the above.

Question 16

The following rule deals with insider trading:

A)3(c)
B)7(e)
C)10(b)
D)12(d)

Question 17

The FDA regulates all but:

A)Forestry.
B)Drugs.
C)Cosmetics.
D)None of the above.

Question 18

A registration statement must contain:

A)The securities being offered for sale.
B)The registrant's business.
C)Pending litigation.
D)All of the above.

Question 19

The Consumer Product Safety Commission regulates environmental pollution in indoor areas.

Question 20

The SEC was created in:

A)1911
B)1934
C)1956
D)1980